Zeitangaben GMT
TUESDAY, MARCH 7
0830 - JAPAN'S TOP ECONOMIC ADVISORY PANEL MEETS, Tokyo
Meeting of the Council on Economic and Fiscal Policy is
followed by a news conference with Economics Minister
Kaoru Yosano.
1100 - GERMAN INDUSTRY ORDERS FOR JANUARY
January industry orders are expected to rise 1.4 percent
on the month after falling 1.6 percent in the previous
month.
1245 - ICSC/UBS WEEKLY U.S. CHAIN STORES SALES INDEX
ICSC/UBS releases chain store sales for the week ended
March 4 versus the prior week. In the previous week,
sales rose 1.5 percent.
1330 - U.S. Q4 NON-FARM PRODUCTIVITY
Labor Department releases revised Q4 Productivity and
Unit Labor Costs. Economists in a Reuters survey
forecast a median decline of 0.1 percent versus a drop
of 0.6 percent in preliminary Q4 report. Unit Labor
Costs are expected to rise 3.1 percent compared with a
3.5 percent increase in the preliminary release.
1355 - U.S. REDBOOK WEEKLY RETAIL SALES INDEX
Redbook releases its Retail Sales Index of department
and chain store sales for the week ended March 4
versus the prior period. In the prior period, sales
were flat.
1400 - BANK OF CANADA RATE DECISION
Bank of Canada releases its decision on interest rates.
Economists in a Reuters survey expect the overnight
rate will be raised by 0.25 percent to 3.75 percent.
1630 - U.S. TRANSPORTATION SERVICES INDEX FOR DEC AND JAN
Bureau of Transportation Statistics releases December
and January Transportation Services Indexes. In
November, the index read 112.2.
2000 - U.S. CONSUMER CREDIT FOR JANUARY
Federal Reserve issues January consumer credit.
Economists in a Reuters survey forecast median consumer
credit to rise to $5.00 billion versus $3.35 billion
increase in December.
2200 - ABC/WASHINGTON POST WEEKLY CONSUMER COMFORT INDEX
ABC/Washington Post releases consumer comfort index
for the week ended March 5 versus the prior week.
Economists in a Reuters survey expect a median reading
of -11 versus -12 in the prior week.
2230 - RESERVE BANK OF AUSTRALIA POLICY DECISION, Sydney
The central bank is widely expected to hold its cash rate
at 5.5 percent at the monthly meeting.
2245 - CHICAGO FED PRESIDENT MOSKOW SPEAKS, Chicago, Illinois
Federal Reserve Bank of Chicago President Michael Moskow
speaks at The University of Chicago Graduate School of
Business Distinguished Speaker Series.
2350 - JAPAN MONEY SUPPLY IN FEBRUARY, Tokyo
Money supply growth, as measured by M2+CDs, has been
moderate despite the Bank of Japan's five-year-old
hyper-loose monetary policy. Forecasts from 21 economists
showed they expect a rise of 2.0 percent in February.
DEBT AUCTIONS
VIENNA - Austria to auction 1.1 billion euros of 3.5
percent bonds due Sept 2021.
LONDON - UK DMO to auction 625 million sterling of 2.0
percent index-linked bonds due 2035.
WASHINGTON - U.S. Treasury Department holds weekly sale
of 4-week bills, approximately 1800 GMT.
WEDNESDAY, MARCH 8
N/A - BANK OF JAPAN TWO-DAY POLICY MEETING STARTS, Tokyo
Expectations the BOJ will end its ultra-easy monetary
policy at this meeting rose sharply last week after data
showed that consumer prices rose more than expected in
January, a Reuters poll found. Of 31 market participants
polled, 15 said they expected the central bank to vote in
favour of ending the five-year-old policy.
0500 - JAPAN LEADING INDICATOR FOR JANUARY, Tokyo
Japan's Cabinet Office releases the diffusion index of
leading economic indicators for January. The reading came
in at a revised 81.8 in December.
0700 - JAPAN ECONOMY WATCHERS POLL FOR FEBRUARY, Tokyo
The Cabinet Office releases its survey of Japanese
service sector workers, called "economy watchers" for
their proximity to consumer and retail trends. In January
the diffusion index was 52.1, down from 55.7 in December
TUESDAY, MARCH 7
0830 - JAPAN'S TOP ECONOMIC ADVISORY PANEL MEETS, Tokyo
Meeting of the Council on Economic and Fiscal Policy is
followed by a news conference with Economics Minister
Kaoru Yosano.
1100 - GERMAN INDUSTRY ORDERS FOR JANUARY
January industry orders are expected to rise 1.4 percent
on the month after falling 1.6 percent in the previous
month.
1245 - ICSC/UBS WEEKLY U.S. CHAIN STORES SALES INDEX
ICSC/UBS releases chain store sales for the week ended
March 4 versus the prior week. In the previous week,
sales rose 1.5 percent.
1330 - U.S. Q4 NON-FARM PRODUCTIVITY
Labor Department releases revised Q4 Productivity and
Unit Labor Costs. Economists in a Reuters survey
forecast a median decline of 0.1 percent versus a drop
of 0.6 percent in preliminary Q4 report. Unit Labor
Costs are expected to rise 3.1 percent compared with a
3.5 percent increase in the preliminary release.
1355 - U.S. REDBOOK WEEKLY RETAIL SALES INDEX
Redbook releases its Retail Sales Index of department
and chain store sales for the week ended March 4
versus the prior period. In the prior period, sales
were flat.
1400 - BANK OF CANADA RATE DECISION
Bank of Canada releases its decision on interest rates.
Economists in a Reuters survey expect the overnight
rate will be raised by 0.25 percent to 3.75 percent.
1630 - U.S. TRANSPORTATION SERVICES INDEX FOR DEC AND JAN
Bureau of Transportation Statistics releases December
and January Transportation Services Indexes. In
November, the index read 112.2.
2000 - U.S. CONSUMER CREDIT FOR JANUARY
Federal Reserve issues January consumer credit.
Economists in a Reuters survey forecast median consumer
credit to rise to $5.00 billion versus $3.35 billion
increase in December.
2200 - ABC/WASHINGTON POST WEEKLY CONSUMER COMFORT INDEX
ABC/Washington Post releases consumer comfort index
for the week ended March 5 versus the prior week.
Economists in a Reuters survey expect a median reading
of -11 versus -12 in the prior week.
2230 - RESERVE BANK OF AUSTRALIA POLICY DECISION, Sydney
The central bank is widely expected to hold its cash rate
at 5.5 percent at the monthly meeting.
2245 - CHICAGO FED PRESIDENT MOSKOW SPEAKS, Chicago, Illinois
Federal Reserve Bank of Chicago President Michael Moskow
speaks at The University of Chicago Graduate School of
Business Distinguished Speaker Series.
2350 - JAPAN MONEY SUPPLY IN FEBRUARY, Tokyo
Money supply growth, as measured by M2+CDs, has been
moderate despite the Bank of Japan's five-year-old
hyper-loose monetary policy. Forecasts from 21 economists
showed they expect a rise of 2.0 percent in February.
DEBT AUCTIONS
VIENNA - Austria to auction 1.1 billion euros of 3.5
percent bonds due Sept 2021.
LONDON - UK DMO to auction 625 million sterling of 2.0
percent index-linked bonds due 2035.
WASHINGTON - U.S. Treasury Department holds weekly sale
of 4-week bills, approximately 1800 GMT.
WEDNESDAY, MARCH 8
N/A - BANK OF JAPAN TWO-DAY POLICY MEETING STARTS, Tokyo
Expectations the BOJ will end its ultra-easy monetary
policy at this meeting rose sharply last week after data
showed that consumer prices rose more than expected in
January, a Reuters poll found. Of 31 market participants
polled, 15 said they expected the central bank to vote in
favour of ending the five-year-old policy.
0500 - JAPAN LEADING INDICATOR FOR JANUARY, Tokyo
Japan's Cabinet Office releases the diffusion index of
leading economic indicators for January. The reading came
in at a revised 81.8 in December.
0700 - JAPAN ECONOMY WATCHERS POLL FOR FEBRUARY, Tokyo
The Cabinet Office releases its survey of Japanese
service sector workers, called "economy watchers" for
their proximity to consumer and retail trends. In January
the diffusion index was 52.1, down from 55.7 in December
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